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The Pandemic Relief Cash Provided By The Small Business Connector Helps Businesses In The Valley

The Pandemic Relief Cash Provided By The Small Business Connector Helps Businesses In The Valley

In the aftermath of the coronavirus outbreak, Jadee Glover got an email from the city of North Las Vegas extolling a new initiative fostering small companies.

The UNLV Small Company Development Center, Employ NV Business Hub, and the local Access Community Capital revolving loan fund collaborate with the Small Business Connector to connect businesses with required capital, employees, marketing, and the behind-the-scenes necessities of acquiring a business license.

Glover is the driving force behind All Paperwork Services, a one-stop shop where people can register their businesses or NGOs with the secretary of state, obtain employer identification numbers from the IRS, apply for grants, and file their taxes. With a $25,000 loan from the city’s partner, she will be able to hire more workers, particularly tax preparers, to relieve the pressure on what is essentially a one-woman show.

“I have a lot of folks in my life that are side hustlers.” “There are people who do hair, cook, and sell plates (of food),” she remarked. “I have mechanics, tattoo artists, and people who don’t work 9-to-5s or who work conventional 9-to-5s but also support their own businesses outside of that.”

With government pandemic relief assistance, the Small Business Connector started in October. According to Linda Bridges, one of the city’s point people for the initiative, it helped ten businesses secure approximately $68,000 in loans in its first month. Salons, in-home carers, mobile auto mechanics, relocation firms, and a brewery have all benefited from it.

And, according to Glover, the procedure was easy.

She received an email from North Las Vegas promoting the Small Business Connector, clicked on the link to register, and received a response the next day. The procedure ended with a loan approval after an in-person interview.

“It makes it feel more personal, and it makes me feel like my company has someone on their side,” she explained.

North Las Vegas residents and companies owned by women, minorities, and veterans are the focus of the program. According to Bridges, loans can be as modest as $1,000 or as much as $25,000, with durations ranging from one to three years and interest rates ranging from 4 to 7 percent.

Last year, Glover established All Paperwork Services. She’d been doing taxes for approximately ten years and assisting friends and family with the start-up of their small businesses for around two or three.

It was part-time work to augment her day job as a call center customer service representative, but that position was lost because to the epidemic.

She, like others who lost their employment due to the epidemic, turned to a hobby she knew she was good at and formalized it. She is now her own full-time boss. It’s largely remote work, though she does meet with clients in a shared office space in an office tower just off the Strip.

Glover and her clients are on the same page. Her fellow side hustlers, on the other hand, are generally unaware of the benefits of incorporation or are intimidated by it. Others may be more concerned with their craft than with business operations, which can be tedious.

Glover’s reward comes from assisting people in locating the biggest tax deductions, being self-sufficient, and “putting them in a position to genuinely be a business versus simply someone cutting hair.”

The majority of her clients choose to operate as a sole proprietor, limited liability company, or 501(c)(3) nonprofit organization.

Glover recently assisted two young guys in forming a nonprofit to support the kids basketball teams at The City Gym in North Las Vegas, which they own near Cheyenne and Walnut. Michael Elliott and Mills Carrasco, the owners, played professional basketball in the Dominican Republic and China, respectively, and now reside in the valley.

Now that they have a legitimate charity, Glover reminded them about some of their many possibilities, like how to secure a retired shuttle bus from the Regional Transportation Commission to transport their children to games, or funding from Frontier Airlines to attend out-of-state tournaments.

Elliott grew raised in Las Vegas and attended Doolittle Community Center and Canyon Springs High School, where he played basketball. He and Carrasco, a 28-year-old from New York who now lives in Las Vegas, opened their gym last year. Having a foundation — Superman Sports — allows them to collect tax-deductible gifts and team sponsorships for its young athletes.

Elliott said that the gym and its nonprofit arm would “attempt to provide youngsters the resources, the chances” that he and Carrasco enjoyed as kids.